This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the pharmaceutical and agrochemical industries. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) and other biologically active molecules. Its structure, featuring both an amino and ester functional group, makes it versatile for constructing complex molecules through reactions like amidation, esterification, and condensation. Additionally, it is employed in research and development for creating novel compounds with potential therapeutic or agricultural applications. Its stability and reactivity under controlled conditions make it a valuable building block in organic synthesis.